“House prices up by £15,000 Investing in property is the best way to save say experts.” Interesting that the Daily Express regularly put this kind of stuff on the front page. As property investors we need to get the fundamentals right and buy firstly for cash flow, then for capital growth, but it’s nice to…
Details
I was thinking the other day there are plenty of people who know how to buy a property, but not so many people know how to make money from a property. Why is that? Maybe because we are traditionally a home owning society (although less so now) we kind of think we know how to…
Details
The RICS predict there’ll be a shortage of buy to let investment properties to rent out, because of Government policies to discourage landlords and property investors. The result? Rents to rise faster than house prices over the next 5 years. Well, we’ll see. Will it encourage the Government to change policy and stop disincentivising investors…
Details
The Government has just published the White Paper on how it’s going to fix the ‘broken’ housing market. Puts a bit more pressure on developers but crucially doesn’t seem to address the real problem of a jammed up planning system. Still, it gave a few commentators and politicians a chance to have a cheap shot…
DetailsLast week we questioned our due diligence and considered how to conduct a risk analysis that goes beyond the usual checks carried out by a solicitor and the like. In my experience, most problems can be avoided if you’re clear from the outset as to why you’re making a particular…
DetailsWhen you say the term “due diligence”, most investors will naturally think about the basic checks anyone undertakes before buying a property. In fact, most investors will probably think of due diligence as being something they do after they have agreed terms to buy a property – having a valuation…
DetailsIt’s human nature to only want to do “great” property deals. However, as I’ve mentioned before, there is a danger of getting side-tracked into trying to only do the “perfect” deal. But what constitutes a perfect deal and how can we identify a great deal over a poor deal? It…
DetailsOver the past couple of weeks we’ve been looking at what we need to factor in before beginning negotiations on a property, and so logically, the next step is to consider is the price. Once again, I must remind you that the only price you are interested in paying is…
DetailsI strongly believe that the best deals are agreed when neither party is trying to take unfair advantage of the other and both sides come out of the negotiation feeling they have achieved something. But for this to take place, communication is key. Whilst analysing the right price at which…
DetailsUnfortunately, for some property investors the experience of buying an investment property can be a bit like a jockey’s experience of running the Grand National. They carefully negotiate the hurdles of finding a property, doing their due diligence and analysis and obtaining a ‘decision in principle’ on the finance, only…
Details